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Colonial Group Announces Leadership Changes

Savannah based Colonial Group Inc. has announced a new era of leadership as it prepares to mark a major milestone in the company’s history in 2021.Christian B. Demere Demere has been named chief executive officer, succeeding his father, Robert H. Demere, Jr.....

Marine Link Published 4y-10mo-2w-4d-22h-9m ago

Far East Container Spot Rates to Brazil Rise 230.5% -BIMCO

What started as a red hot container market for Far East to U.S. trades has now spread to other routes, with rates from the Far East to Brazil seeing particularly high spot rates, BIMCO says. On January 24, 2021, the base freight rate for a forty…....

Marine Link Published 4y-10mo-2w-4d-22h-24m ago

Royal IHC Sells TSHD Design Package to Cashman Dredging

Royal IHC has been awarded the contract for the design and engineering of a 6,500yd3 trailing suction hopper dredge TSHD for U.S. based Cashman Dredging amp Marine Contracting Co., LLC.The tailor made shallow draft TSHD design combines advanced technology with a high level of maneuverability…....

Marine Link Published 4y-10mo-2w-4d-23h-27m ago

Why the EU’s Proposed Carbon Border Levy is an Important Test

In the more than two decades since the Kyoto Protocol was adopted, national policies on climate change have had dangerously and disappointingly little effect on global emissions.Within the current economic system, perhaps the most ambitious…....

Marine Link Published 4y-10mo-2w-4d-23h-49m ago

Wärtsilä to Supply 36 Engines for New Arctic Gas Carriers

Finnish technology group Wärtsilä announced Thursday it has secured a deal to supply dual fuel engines for six new 172,500 cubic meter capacity liquefied natural gas LNG carriers being built by South Korea amp 39 s Daewoo Shipbuilding and Marine…....

Marine Link Published 4y-10mo-2w-5d-23m ago

Oil Tanker Market Facing Rougher Seas

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year.Earnings for very large crude…....

Marine Link Published 4y-10mo-2w-5d-1h-2m ago

Pirates Who Kidnapped Turkish Sailors Make Contact to Talk Ransom

Pirates who kidnapped 15 sailors from a Turkish crewed container ship in the Gulf of Guinea on Saturday have made their first contact with the shipping company to discuss a ransom, Turkish state media reported on Thursday.“Communication has been established with crew members of the Mozart containe....

Marine Link Published 4y-10mo-2w-5d-2h-10m ago

Baltic Index Falls for Fifth Day

The Baltic Exchange amp 39 s main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for the fifth session in a row on Thursday, as rates waned for capesize and panamax vessel segments.The Baltic dry index, tracking rates for capesize, panamax and supramax vessel....

Marine Link Published 4y-10mo-2w-5d-2h-28m ago

Video: Viking Line's New Flagship RoPax Launched in China

Viking Line amp 39 s flagship Viking Glory was floated out from its building dock at XSI Shipyard in Xiamen, China, on Tuesday.The new 222.6 meter, 63,800gt ro pax vessel is due to enter service on the Stockholm Åland Turku route in early 2022. It will have capacity for 2…....

Marine Link Published 4y-10mo-2w-5d-18h-12m ago

Tidewater Taps Inmarsat for Fleet Xpress Upgrades

Satellite communications company Inmarsat said it has secured a fleet wide agreement with Tidewater to upgrade the majority of the offshore support vessel OSV owner amp 39 s active fleet to Fleet Xpress, complete with advanced vessel technology efficiencies…....

Marine Link Published 4y-10mo-2w-5d-19h-34m ago

Boston Harbor Phase II Dredging Wraps Up Ahead of Schedule

New England’s busiest port moves closer to welcoming larger containerships and growing the regional economy with the completion of the second phase of a three part dredging program last month, nearly one year ahead of schedule.Cashman Dredging…....

Marine Link Published 4y-10mo-2w-5d-20h-27m ago

Museum Buys Rare Spanish Armada Maps to Keep Them in England

A set of 10 hand drawn, 16th century maps showing the progress of the Spanish Armada that attacked England in 1588, an event that shaped national identity, will remain in the country after a museum raised 600,000 pounds $824,000 to buy them.The ink and watercolor maps…....

Marine Link Published 4y-10mo-2w-5d-21h-14m ago

Italy, France Give Up On Fincantieri-Chantiers Deal

Rome and Paris agreed on Wednesday that a proposed combination of Italian shipbuilder Fincantieri and French rival Chantiers de l amp 39 Atlantique no longer made sense in the current economic environment.State owned Fincantieri amp 39 s bid to take over its French peer…....

Marine Link Published 4y-10mo-2w-5d-21h-30m ago

Biblia Orders New Dry Dock

Biblia, Inc., Marine Towing and Transportation has ordered a new dry dock to service its fleet tugs and barges.The 500 ton lift capacity floating dry dock was designed by JMS Naval Architects and is currently being built by Conrad Shipyard in Morgan City, La.....

Marine Link Published 4y-10mo-2w-5d-21h-34m ago

CMA CGM to Operate Terminal at Egypt's Alexandria Port

French shipping group CMA CGM said on Wednesday it has reached an agreement with Egypt to operate a future container terminal at the port of Alexandria.Operations at the planned terminal are due to start in 2022, CMA CGM said in a statement. Reporting by Gus Trompiz Editing by Chris Reese ....

Marine Link Published 4y-10mo-2w-5d-22h-8m ago

Damen's New Fast Crew Supplier Launched in Turkey

Dutch shipbuilder Damen amp 39 s new Fast Crew Supplier FCS 7011, which will be able to carry 122 people in a single trip, hit the water earlier this month at Damen Shipyards Antalya, Turkey. The vessel, which Damen has dubbed amp 34 as a quantum leap forward in marine access solutions…....

Marine Link Published 4y-10mo-2w-6d-11m ago

New Emissions-free Workboat Features Electric Propulsion, Hydrofoils

An innovative, zero emissions workboat featuring hydrofoils and a fully electric propulsion system is scheduled to hit the water before the end of the year.The 11 meter vessel, announced by Artemis Technologies COO, Prof. Mark Gillan, during…....

Marine Link Published 4y-10mo-2w-6d-22m ago

Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders

President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies as he pursues green policies in stark contrast to those of…....

Marine Link Published 4y-10mo-2w-6d-1h-30m ago

Baltic Index Falls to Three-week Low

The Baltic Exchange amp 39 s main sea freight index slipped to its lowest in nearly three weeks on Wednesday, dragged by a drop in demand for the larger capesize vessel segment.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…....

Marine Link Published 4y-10mo-2w-6d-1h-45m ago

China Inquires About Chinese Crew Aboard Tankers Seized By Indonesia

China said on Wednesday it was seeking details about 25 of its nationals who were among 61 crew on two supertankers seized by Indonesia on suspicion of illegally transferring oil.Indonesia said on Sunday it had seized the vessels after they…....

Marine Link Published 4y-10mo-2w-6d-2h-49m ago

Biofouling in Niche Areas: Addressing the Blind Spots

In a recent study that I Tech conducted with U.K. independent marine coatings consultants, Safinah Group, we estimated that unacceptable levels of hard fouling, predominantly barnacles, across the global commercial could be responsible for at least 110 million tons of excess carbon emissions…....

Marine Link Published 4y-10mo-2w-6d-3h-34m ago

Ex-TechnipFMC Director to Lead U.S. Dredging Giant's Foray into Offshore Wind

Great Lakes Dredge amp Dock, a U.S. based dredging services giant, on Wednesday announced the appointment of industry veteran Eleni Beyko as senior vice president offshore wind – a strategic growth area for the company. Beyko, who started on Jan.....

Marine Link Published 4y-10mo-2w-6d-3h-36m ago

ClassNK Updates Guidelines for Remote Surveys

ClassNK released Guidelines for Remote Surveys Ver. 2.0, including a class notation requirement for the ship with advance preparation for remote surveys.ClassNK has been working on the advancement of surveys using digital technology in line with its R amp D roadmap and Digital Grand Design 2030…....

Marine Link Published 4y-10mo-2w-6d-4h-16m ago

Large Flag States Continuing Excellent Performance -ICS

Many of the largest flag states—including the Marshall Islands, Hong Kong China , Singapore as well as the Bahamas and Cyprus—continue to perform to an exceptionally high standard, with traditional flags and open registers performing equally well…....

Marine Link Published 4y-10mo-2w-6d-18h-13m ago

Guam Shipyard Settles EPA Pollution Violations

Ship repair yard Guam Shipyard will pay nearly $70,000 and take measures to improve its facilities following multiple pollution violations discovered by the U.S. Environmental Protection Agency EPA in 2018.The EPA said on Tuesday its settlement with Guam Industrial Services…....

Marine Link Published 4y-10mo-2w-6d-18h-46m ago

Teresa Peacock Joins Dryad Global as Non-executive Director

Maritime security risk management firm Dryad Global announced Tuesday it has appointed Teresa Peacock as its first non executive director.Peacock is currently managing director at maritime staffing and recruitment firm Spinnaker Global and a member of the Maritime UK’s Diversity Taskforce…....

Marine Link Published 4y-10mo-2w-6d-19h-49m ago

Maine Maritime Academy Partners with SailPlan

Maine Maritime Academy MMA announced Tuesday it is partnering with maritime technology company SailPlan to accelerate the development of an intelligent vessel’s navigation platform and shoreside vessel control.The academy said it equip its fleet…....

Marine Link Published 4y-10mo-2w-6d-20h-30m ago

Op/ed: Investing in America’s Critical Maritime Infrastructure

Congress recently made a major, if little noticed, new investment in American infrastructure. As part of the year end budget deal, lawmakers released $10 billion that had been locked away in the Harbor Maintenance Tax Trust Fund to be used for its intended purpose: dredging U.S.....

Marine Link Published 4y-10mo-2w-6d-21h-21m ago

Tug Malta Takes Delivery of New Tug from Damen

Maltese tug operator Tug Malta has taken delivery of Senglea, a new Damen RSD Tug 2513 to be used for maneuvering container vessels in and out of the harbor.Handed over on January 15, the newbuild joins a fleet that already has a number of Damen ASD tugs…....

Marine Link Published 4y-10mo-2w-6d-21h-46m ago

Over 300 Companies Sign 'Neptune Declaration' to Ease Crew Change Crisis

Over 300 leading companies said on Tuesday they would work together to help hundreds of thousands of merchant sailors stuck on ships for many months due to COVID 19 in a crisis that risks creating more dangers at sea.About 90% of world trade is transported by sea…....

Marine Link Published 4y-10mo-2w-6d-22h-55m ago

Indonesia Escorts Seized Tankers to Dock for Investigation

The Iranian and Panamanian flagged vessels seized by Indonesian authorities for suspected illegal oil transfers are making their way to dock at Batam island in the country’s Riau Islands Province for further investigation, a Indonesia coast guard spokesman told Reuters.The two supertankers…....

Marine Link Published 4y-10mo-2w-6d-23h-7m ago

Managing Risk: Shipowners Not Meeting Emission Regs Face a Big Business Risk

There is  increasing pressure for shipowners to sharpen their environmental performance, driven by an IMO target to halve greenhouse gas emissions from shipping by 2050, regional regulations and market pull from charterers, banks and investors.“This represents a whole new ball game for the indust....

Marine Link Published 4y-10mo-3w-24m ago

Seismic Surveyor Polarcus Sees Shares Nosedive as it Defaults on Debt Payment

Oslo listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company amp 39 s shares plunging more than 30%.Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash…....

Marine Link Published 4y-10mo-3w-24m ago

Hyundai Heavy Industries Plans IPO for Green Tech Investment

South Korean shipbuilder Hyundai Heavy Industries Co Ltd said on Tuesday that it plans an initial public offering IPO to raise funds toward a 1 trillion won $905 million investment over five years into green technology.Hyundai Heavy will issue a stake of about 20% in new shares within the year, ....

Marine Link Published 4y-10mo-3w-42m ago

Saga Sees Resilient Cruise Bookings Despite COVID Concerns

Britain’s over 50s holidays group Saga said on Tuesday total cruise bookings stood at 140 million pounds $191.3 million as it prepares to restart sailing in May after a torrid year for the travel industry due to the global health crisis.Mass…....

Marine Link Published 4y-10mo-3w-58m ago

Fairbanks Morse Wins USCG Engine Service Contract

Engines manufacturer Fairbanks Morse said it has been awarded a six year indefinite delivery/indefinite quantity IDIQ contract by the U.S. Coast Guard USCG . The agreement, worth approximately $53 million, enables Fairbanks Morse to maximize…....

Marine Link Published 4y-10mo-3w-2h-12m ago

Propulsion: ME-GI to Power Ultra-Large Hapag-Lloyd Containerships

MAN Energy Solutions won an order for six MAN B amp W 11G95ME GI Mk10.5 main engines in connection with the building of six ultra large, 23,500+ teu container vessels for Hapag Lloyd.The engines will be built in Korea and will offer the option of operating on LNG or conventional fuel…....

Marine Link Published 4y-10mo-3w-4h-5m ago

BIMCO: Tanker Market Hangover Continues

Tanker shipping was in many ways the odd one out of the shipping sectors in 2020 at the start of the pandemic, the market was strong, only to finish off the year in the doldrums, while the other sectors stayed profitable. Even a demand boost in December only managed to lift earnings slightly…....

Marine Link Published 4y-10mo-3w-4h-21m ago

U.S. Offshore Wind Developer Asks Biden to Restart Permitting Process

Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Monday it has asked the Biden administration to restart its permitting process after former President Donald Trump amp 39 s government abruptly canceled it last month.The company said in a statement it had notified the....

Marine Link Published 4y-10mo-3w-6h-58m ago

Why Are Pirates Attacking Ships in the Gulf of Guinea?

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one.Pirates in the Gulf of Guinea kidnapped 130 seafarers in 22 separate incidents last year…....

Marine Link Published 4y-10mo-3w-19h-33m ago

Holland Pump Acquires Complete Dewatering Pumps & Wellpoints

Holland Pump continues expansion with acquisition of Complete Dewatering Pumps amp Wellpoints and expands its footprint in the pump rental marketHolland Pump Company, an independent specialty pump rental and dewatering solutions provider based in West Palm Beach.....

Marine Link Published 4y-10mo-3w-22h-9m ago

OXE 125-200 2021 Models Granted EPA Approval

The U.S. Environmental Protection Agency EPA has granted approval for OXE Marine amp 39 s OXE125, OXE150, OXE175 and OXE200 2021 diesel outboard models.In line with OXE Marine amp 39 s ambition to transform the outboard motor impacting the journey toward…....

Marine Link Published 4y-10mo-3w-22h-30m ago

Siem Car Carriers Adds LNG-fueled RoRo

The newly commissioned Siem Aristotle joins sister ship Siem Confucius as the world’s largest liquefied natural gas LNG powered pure car/truck carrier PCTC vessels.Operating exclusively for Volkswagen Group, the Siem Aristotle is the second…....

Marine Link Published 4y-10mo-3w-23h-21m ago

Unmanned Vessel Launched to Survey Western Galveston Bay

An unmanned vessel is now surveying more than 3,500 nautical miles of the Western Galveston Bay, near the Houston Ship Channel.DEA Marine Services, a division of David Evans and Associates, Inc. DEA , in Vancouver, Wash., equipped its survey…....

Marine Link Published 4y-10mo-3w-23h-54m ago

Havyard Developing Emissions-free, Hydrogen-powered Vessel

Havyard said Monday it has been contracted to develop a new emissions free ship concept for transporting cargo between European ports.The contracting partner, an unnamed European company, was first introduced to Havyard by Invest in Norway,…....

Marine Link Published 4y-10mo-3w-1d-55m ago

China Says US Military in South China Sea Not Good for Peace

The United States often sends ships and aircraft into the South China Sea to “flex its muscles” and this is not good for peace, China’s Foreign Ministry said on Monday, after a U.S. aircraft carrier group sailed into the disputed waterway.The strategic South China Sea…....

Marine Link Published 4y-10mo-3w-1d-1h-32m ago

Inmarsat Milestones: 10k Ships with Fleet Express Installed, 'Fleet Data Academy' Launched

Ship data consumption is booming, and as digitalization and data trends increasingly drive the maritime world, Inmarsat celebrated a pair of milestones, hitting the 10,000 vessel mark on Fleet Xpress installations and launching its amp 34 Fleet Data Academy. amp 34 Traffic DoublesAccording to Inm....

Marine Link Published 4y-10mo-3w-3d-4h-14m ago

DNV GL Awards AIP to KSOE for Wing Sail Propulsion

Classification society DNV GL said it has granted Approval in Principle AIP to Korea Shipbuilding and Offshore Engineering KSOE for a new wing sail auxiliary propulsion system for ships designed to help reduce shipping emissions and fuel burn.The wind powered auxiliary propulsion system…....

Marine Link Published 4y-10mo-3w-4d-1h-54m ago

Interview: Tim Leach, Glosten, Discusses Efficient Refit by Design

From 3D laser scanning to Computational Fluid Dynamics, an efficient and successful major mid life refit such as the one completed on the RV Roger Revelle requires intricate advance design planning, an updated technical toolbelt, as well as the personal touch.....

Marine Link Published 4y-10mo-3w-4d-2h-18m ago

V.Group Hires Sprotte as CEO of Ship Management

Ship management company V.Group has announced the appointment of Bjoern Sprotte as chief executive officer, Ship Management.Based in Hamburg and reporting directly to V.Group CEO René Kofod Olsen, Sprotte replaces Franck Kayser, who has requested…....

Marine Link Published 4y-10mo-3w-4d-2h-27m ago

Ship Repair: Inside the $60m Refit of RV Roger Revelle

This month MR dives inside the $60 million refit of RV Roger Revelle, a project which leverages a treasure trove of ‘lessons learned’ from recent refits in the academic research vessel fleet and highlights the value of slimming the vendor list.Research…....

Marine Link Published 4y-10mo-3w-4d-2h-37m ago

China Authorizes Coast Guard to Fire on Foreign Vessels if Needed

China passed a law on Friday that for the first time explicitly allows its coast guard to fire on foreign vessels, a move that could make the contested waters around China more choppy.China has maritime sovereignty disputes with Japan in the…....

Marine Link Published 4y-10mo-3w-4d-2h-54m ago

After Brexit, Ireland and France cut Out the Middleman: Britain

From his office overlooking Cherbourg docks, general manager Yannick Millet points to trailers destined for Ireland that belong to Amazon and FedEx, new customers and a signal of a potential big shift in post Brexit trade.Confronted by red tape…....

Marine Link Published 4y-10mo-3w-4d-3h-1m ago

Biden's Transportation Secretary Pick Buttigieg Supports the Jones Act

Pete Buttigieg, President Joe Biden amp 39 s nominee to head the U.S. Department of Transportation, has voiced his support for the Jones Act, a federal law that regulates maritime commerce in the United States.Buttigieg amp 39 s comments came in response to questioning by Sen.....

Marine Link Published 4y-10mo-3w-4d-17h-24m ago

Biden Administration Suspends Federal Oil and Gas Permitting

The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo.The move appears…....

Marine Link Published 4y-10mo-3w-4d-19h-50m ago

New Tug Built for Port of Shanghai

China amp 39 s Sanlin Shipyard has built and delivered a new harbor tug for the Port of Shanghai.The Robert Allan Ltd. designed workboat Hai Gang 501 will be used by Shanghai Harbor Fuxing Shipping Service Company for berthing and unberthing in harbor…....

Marine Link Published 4y-10mo-3w-4d-20h-27m ago

Greensea Receives US Navy Award

Greensea amp 39 s open architecture technology on Remotely Operated Vehicles furthered by Small Business Innovation Research Phase II grantGreensea Systems, Inc. creator of OPENSEA, an open architecture robotics platform for the marine industry, won…....

Marine Link Published 4y-10mo-3w-4d-21h-9m ago

Expedition Cruise Ship Ocean Victory Ready for Sea Trials

Expedition cruise vessel Ocean Victory, under construction at the CMHI Haimen shipyard in China, is slated to commence sea trials by the end of the week, Norwegian designer Ulstein revealed Thursday.The newbuild is the third in the Ulstein designed…....

Marine Link Published 4y-10mo-3w-4d-21h-46m ago

Stolt Tankers Develops Unique Shallow-draft Tanker for BASF

Stolt Tankers said it has been commissioned by chemicals company BASF to help design and build a unique new tanker capable of operating when extremely low water levels hamper river shipping on the Rhine.The Rhine, which starts in Switzerland…....

Marine Link Published 4y-10mo-3w-4d-22h-37m ago

Phoenix Debuts New Navigation Lights

Phoenix Lighting has introduced the SturdiSignal Series of navigation lights a fully modular and serviceable LED navigation light.Phoenix said its design allows for tool less repair in minutes, without any electrical work. With a spare LED module kept onboard for field repairs…....

Marine Link Published 4y-10mo-3w-4d-23h-29m ago

Cashman to Expand Its Fleet with New Hopper Dredge

Cashman Dredging and Marine Contracting Co., LLC said it has signed a design contract with IHC America Inc. for a new 6,500 cubic yard trailing suction hopper dredge TSHD .The new vessel will join Cashman Dredging’s current fleet of specialized…....

Marine Link Published 4y-10mo-3w-4d-23h-54m ago

Biden Administration Names Lessley as MARAD Deputy Administrator

Lucinda Lessley has been named Deputy Administrator of the U.S. Maritime Administration MARAD , the Biden Administration announced Thursday among a number of key appointments to its Department of Transportation DOT leadership team.Lessley…....

Marine Link Published 4y-10mo-3w-5d-28m ago

Wagner Named Managing Director of SCHOTTEL Middle East

With effect from April 1, 2021, Dirk Wagner will take over as Managing Director at SCHOTTEL Middle East SME assuming the responsibilities of Andrew Bull, who will be leaving the company to pursue other interests outside of SCHOTTEL.Wagner…....

Marine Link Published 4y-10mo-3w-5d-1h-42m ago

Sovcomflot, Total Ink Timecharter Deal on LNG Transport

PAO Sovcomflot SCF Group and Total have concluded a time charter agreement for up to seven years for a newbuild 174,000 cubic meter capacity liquefied natural gas LNG carrier, scheduled to be delivered Q3 2023 and to be owned and operated by SCF…....

Marine Link Published 4y-10mo-3w-5d-5h-23m ago

Boluda Towage Acquires Iskes Towage & Salvage

Boluda Towage SL on Thursday signed an agreement to acquire Iskes Towage amp Salvage amp 39 s port towage activities in Eemshaven, the Netherlands Lubeck, Germany and Lisbon, Portugal, as well as its offshore activities, together with the management and office staff in the head office in IJmuid....

Marine Link Published 4y-10mo-3w-5d-5h-38m ago

China Low-sulphur Marine Fuel Exports Hit New Heights

China amp 39 s exports of clean marine fuels rose in December to a record since shipments began a year ago, taking 2020 exports of the ship fuel to 15.45 million tonnes, customs data showed on January 20, 2021.Chinese oil refineries began exporting…....

Marine Link Published 4y-10mo-3w-5d-5h-48m ago

ABS Grants AIP for DSME’s Solid Oxide Fuel Cell Technology

Classification society ABS informs it has granted approval in principle AIP to solid oxide fuel cell SOFC technology developed by South Korea amp 39 s Daewoo Shipbuilding amp Marine Engineering Co., Ltd. DSME .Granting of AIP follows two joint development projects between ABS and DSME…....

Marine Link Published 4y-10mo-3w-5d-14h-21m ago

Permitting for Big US Offshore Wind Farm to Resume 'Very, Very Soon' -Avangrid CEO

The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from President Joe Biden amp 39 s administration, after former President Donald Trump amp 39 s government abruptly canceled its initial application…....

Marine Link Published 4y-10mo-3w-5d-14h-46m ago

Swift COVID-19 Vaccines Urged for Largest US Ports Amid Cargo Backlogs

Members of Congress have joined state and local leaders in urging California officials to hasten COVID 19 vaccinations for workers at the ports of Los Angeles and Long Beach, the nation amp 39 s two busiest, hit hard by pandemic workforce disruptions and surging imports.As of Wednesday…....

Marine Link Published 4y-10mo-3w-5d-14h-52m ago

Wärtsilä, Carnival Ink Waste Treatment Systems Deal

Finnish marine equipment manufacturer Wärtsilä said it signed a framework agreement with Carnival Corporation covering the supply and installation of Wärtsilä’s waste water and dry waste treatment systems for up to 32 vessels across many of global cruise ship operator’s brands.....

Marine Link Published 4y-10mo-3w-5d-16h-58m ago

Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry

U.S. President Joe Biden on Wednesday announced America amp 39 s return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day one executive orders aimed at restoring U.S. leadership in combating global warming.The…....

Marine Link Published 4y-10mo-3w-5d-17h-9m ago

MARAD to Award $19.6 Million in Small Shipyard Grants

The U.S. Maritime Administration MARAD said it will award $19.6 million in federal funding to support efficiency improvements and modernizations at America’s small shipyards.The investments awarded annually by the U.S. Department of Transportation’s…....

Marine Link Published 4y-10mo-3w-5d-18h-43m ago

US Coast Guard 'Alarmed' By Mariners Turning Off AIS

The U.S. Coast Guard on Wednesday issued a warning to mariners and commercial fisherman about the dangers and legal consequences of switching off their Automated Identification Systems AIS , citing concern over a growing number of vessels operating…....

Marine Link Published 4y-10mo-3w-5d-19h-38m ago

Fertilizer Makers Eye Alternative Ship Fuels for Green Growth

Two of the world amp 39 s biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy…....

Marine Link Published 4y-10mo-3w-5d-21h-34m ago

Crowley Wins Arctic Fuel Distribution Contract

The U.S. Defense Logistics Agency Energy DLA Energy has awarded Crowley Solutions a five year, $15 million contract for fuels transportation and distribution services for the Canada North Warning System locations supporting the nations’ joint security efforts.Serving the Canadian arctic region....

Marine Link Published 4y-10mo-3w-5d-21h-55m ago

Fruergaard to Take Over as CEO of Pacific Basin

Hong Kong headquartered dry bulk shipping company Pacific Basin announced Wednesday that Martin Fruergaard will take over as CEO, replacing longtime chief executive Mats Berglund, who has decided to retie. Fruergaard, the current CEO of Danish gas shipping company Ultragas…....

Marine Link Published 4y-10mo-3w-5d-22h-54m ago

Elon Musk's Firm Buys Two Offshore Rigs to Serve as Launchpads for SpaceX Rockets

Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi submersible drilling rigs last year…....

Marine Link Published 4y-10mo-3w-6d-7m ago

Capesize Market Starts Strong in 2021 -BIMCO

BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue.....

Marine Link Published 4y-10mo-3w-6d-22m ago

World’s First Tiltable Rotor Sails Installed

Auxiliary wind propulsion systems provide Norsepower said it installed the world’s first tiltable Rotor Sails for SEA CARGO, a logistics provider in the North Sea market.According the analysis conducted by Norsepower and SEA CARGO, installation…....

Marine Link Published 4y-10mo-3w-6d-56m ago

Higher Rates Lift Baltic Index to One-week Peak

The Baltic Exchange amp 39 s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in a week on Wednesday as vessel rates improved across all segments.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk ....

Marine Link Published 4y-10mo-3w-6d-1h-53m ago

World’s Largest VLEC Loaded in Texas. Sets Sail for China

Dallas based Energy Transfer said Tuesday it had loaded the first Very Large Ethane Carrier VLEC the world amp 39 s largest at that  under its previously announced joint venture with Satellite Petrochemical USA Corp. called Orbit Gulf Coast NGL Exports.The Seri Everest…....

Marine Link Published 4y-10mo-3w-6d-2h-45m ago

New Kitsap Transit Ferry Completes Sea Trials

A new BMT design 140 ft. catamaran passenger ferry has  reportedly passed its sea trial and is due to enter the Kitsap Transit fleet in the next few weeks. Dubbed Enetai, the boat was built by Nichols Brothers Boat Builders NBBB in Seattle…....

Marine Link Published 4y-10mo-3w-6d-5h-28m ago

Gilmore Names New CEO. Targets Acquisitions

Gilmore, a U.S. based flow control solutions provider for the oil and gas industry, has appointed David Nemetz as its new Chief Executive Officer CEO .The company is a subsidiary of Aberdeen headquartered Proserv and provides flow control products and equipment for the drilling…....

Marine Link Published 4y-10mo-3w-6d-6h-58m ago

Herbosch-Kiere Orders Bawat's Containerized BWMS

Marine construction specialist company Herbosch Kiere has chosen Bawat’s Mobile containerized ballast water management system BWMS for its reception facility to serve its entire fleet of vessels and barges. Herbosch Kiere tested the world’s first Mobile BWMS from Bawat in the spring of 2020…....

Marine Link Published 4y-10mo-3w-6d-15h-1m ago

Svitzer Orders New Tug for Port of London

Damen Shipyards Group said it has signed a contract with Svitzer for the delivery of an ASD Tug 3212. The vessel, to be named Svitzer Thames, will operate in the Port of London and will be the fourth Damen ASD Tug 3212 in the company’s U.K.....

Marine Link Published 4y-10mo-3w-6d-17h-26m ago

RSC Bio Solutions Grows Its Team and Distribution

RSC Bio Solutions announced team expansions in several key geographic areas, as well as expanded distribution coverage. Hideki Tominga and Alhareth Shahen are joining as business development managers, Thomas TO is joining as a Technical Business Consultant…....

Marine Link Published 4y-10mo-3w-6d-17h-40m ago

Arklow Chooses Satcom Global Aura VSAT

Ireland headquartered ship owner and charterer Arklow Shipping has contracted communications solutions provider Satcom Global to install Aura VSAT across 17 newbuild vessels due for delivery from 2021 onward.The new vessels will be activated on a range of Aura service packages…....

Marine Link Published 4y-10mo-3w-6d-18h-49m ago

US Blacklists Tankers, Oil Traders Undermining Venezuela Sanctions

The United States on Tuesday sanctioned a network of oil trading firms, individuals and vessels that have helped Venezuelan state run oil company PDVSA sell crude mainly to Asia despite Washington amp 39 s sanctions on the South American nation.The measure targets a network that the U.S.....

Marine Link Published 4y-10mo-3w-6d-19h-59m ago

Drew Marine Begins Distribution Deal with ExxonMobil

Drew Marine said it has signed an agreement with ExxonMobil Marine Lubricants to expand the availability of ExxonMobil’s range of high performance lubricants. Drew Marine’s global supply chain will help ensure the availability of Flagship grades…....

Marine Link Published 4y-10mo-3w-6d-20h-13m ago

Port Milwaukee Cargo Volumes Rise in 2020

Port Milwaukee finished 2020 with its highest annual cargo volume in the past seven years.Despite the unusual year amp 39 s historic and unprecedented difficulties, including pandemic and flooding related challenges, overall tonnage for the municipal…....

Marine Link Published 4y-10mo-3w-6d-20h-31m ago

MARAD Green Lights Two More NSMV Builds

The U.S. Department of Transportation’s Maritime Administration MARAD on Tuesday authorized the construction of two additional National Security Multi Mission Vessels NSMV , marking a key milestone for one of America amp 39 s most high profile shipbuilding…....

Marine Link Published 4y-10mo-3w-6d-21h-54m ago

BV Uses ROV to Complete First Underwater Ship Survey

Testing, inspection and certification body Bureau Veritas BV said it has completed the proof of concept project for underwater remote surveys using the Seasam remotely operated underwater vehicle ROV technology eco system from Notilo Plus on a Corsica Linea car ferry Mediterranée.....

Marine Link Published 4y-10mo-3w-6d-22h-17m ago

Brix Marine Building Research Vessel for Northrop Grumman

Boatbuilder Brix Marine formerly Armstrong Marine USA has been contracted by aerospace and defense technology company, Northrop Grumman, to build a catamaran survey research vessel, slated for fall 2021 completion.The 44 by 16 foot vessel is Brix’s third IPS drive catamaran…....

Marine Link Published 4y-10mo-3w-6d-23h-3m ago

New Suezmax Tanker is First Deemed Ammonia-fuel Ready

An ABS classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia fuel ready vessel in the world.The landmark 274 meter long vessel is now under construction at China amp 39 s New Times Shipbuilding Co.…....

Marine Link Published 4y-10mo-3w-6d-23h-32m ago

Scotline Newbuild Delivered from Royal Bodewes

U.K. based shipping company Scotline Marine Holdings said it has taken delivery of Scot Ranger, the third vessel in a newbuild series from Dutch shipbuilder Royal Bodewes.This ship is a close sister to the previous two, Scot Carrier and Scot Explorer, but with one key difference.....

Marine Link Published 4y-10mo-4w-20m ago

GreenSteam Signs On to Offer KVH Watch Service

KVH Industries, Inc. announced Tuesday that GreenSteam, developers of vessel performance optimization solutions for a sustainable shipping industry, has joined the KVH Watch Solution Partner program and will offer the KVH Watch service as part…....

Marine Link Published 4y-10mo-4w-1h-15m ago

Pandemic-Related Risks Top the List for 2021, says 10th Allianz Risk Barometer

Business interruption, pandemic outbreak and cyber incidents three separate but amp 39 strongly interlinked amp 39 matters lead the pack as the top threats to maritime in 2021, according to the 10th Allianz survey on risk in the maritime sector.The maritime industry…....

Marine Link Published 4y-10mo-4w-2h-3m ago

Shipbuilding: Steel Cut for New Methanol-Fueled Tanker Stena Pro Patria

Proman Stena Bulk Ltd confirmed that steel cutting has commenced for its state of the art IMOIIMeMAX methanol fuelled 49,900 DWT vessel Stena Pro Patria, which is due for delivery in early 2022. Stena Pro Patria will be the first of the three…....

Marine Link Published 4y-10mo-4w-2h-31m ago

SeaTac Marine Boosts Barge Capacity on Alaska Route

Seattle based SeaTac Marine Services announced it has acquired a new heavy deck cargo barge. The 2010 built barge can haul up to 11,000 tons and with nearly 30,000 square feet of deck space, making it one of the larger barges in the Pacific cargo trade.....

Marine Link Published 4y-10mo-4w-2h-58m ago

Valmet Tech Enhances Scrubber, Exhaust Gas Recirculation Systems

Valmet is enhancing emission control with its patented and fully automatic water treatment solution for the marine scrubber system and exhaust gas recirculation system. Valmet Marine Water Treatment system consists of four different modules…....

Marine Link Published 4y-10mo-4w-3h-14m ago

Austal Launches 46m Fully Electric Ferry Design

Austal Australia launched the VOLTA series of electric powered high speed ferry solutions, with the introduction of the Passenger Express 46V, a fully electric powered 46 meter catamaran ferry design.The VOLTA series is distinct in the burgeoning…....

Marine Link Published 4y-10mo-4w-3h-22m ago

Petrojarl Banff FPSO to Be Recycled in Denmark

M.A.R.S. Europe said it has been awarded a contract by Teekay Petrojarl Floating Production UK Ltd. for dismantling and recycling of the Petrojarl Banff floating production, storage and offloading unit FPSO . The deal includes engineering, preparation…....

Marine Link Published 4y-10mo-4w-20h-18m ago

Bigger, Stronger: The U.S. Dredging Fleet is Growing

The U.S. dredging fleet is growing. Presently on order and under construction is a raft of in demand equipment that will help to keep America’s ports and waterways open, safeguard coastal communities and maintain the vital flow of maritime commerce to…....

Marine Link Published 4y-10mo-4w-21h-24m ago

New Study Finds Polyester Fibers Throughout the Arctic Ocean

The Arctic has long proven to be a barometer of the health of our planet. This remote part of the world faces unprecedented environmental assaults, as climate change and industrial chemicals threaten a way of life for Inuit and other Indigenous…....

Marine Link Published 4y-10mo-4w-22h ago

Chengxi Delivers Self-unloading Transshipment Newbuild to Oldendorff

China’s Chengxi Shipyard has delivered the first of twin self unloading transshipment newbuilds for Germany’s largest bulk carrier owner Oldendorff Carriers.Juha Koskela, Division President, ABB Marine amp Ports, said the newbuilds are the first…....

Marine Link Published 4y-10mo-4w-22h-28m ago

US Plans to Sanction Russian Vessel Involved in Nord Stream 2

The United States has told European allies it plans to impose sanctions on a Russian pipe laying ship, amp 34 Fortuna amp 34 , involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday.The U.S.....

Marine Link Published 4y-10mo-4w-23h-8m ago

DP World Antwerp Gateway Orders Fleet of Automated Stacking Cranes

DP World Antwerp Gateway has ordered a fleet of 34 Automated Stacking Cranes for its container terminal in Antwerp, Belgium. The Konecranes Gottwald ARMGs will be an expansion to the current fleet of 20 currently in operation. The first batch will be delivered in Q2 2022, the last batch by 2026.....

Marine Link Published 4y-10mo-4w-23h-15m ago

GTT Wins LNG Carrier Tank Design Order from Samsung

French engineering firm GTT said it has received an order from the Korean shipyard Samsung Heavy Industries SHI for the tank design of a new 174,000 cubic meter capacity liquefied natural gas LNG carrier on behalf of the Korean ship owner Pan Ocean.GTT will design the tank…....

Marine Link Published 4y-10mo-4w-23h-39m ago

Baltic Index Drifts Lower as Capesize Rates Weigh

The Baltic Exchange amp 39 s main sea freight index dropped on Monday, as weaker rates for the larger capesize segment offset gains in panamax and supramax vessel rates.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 14 points, or ....

Marine Link Published 4y-10mo-4w-1d-22m ago

Remontowa Delivers Tug for the Polish Navy

Polish shipbuilder Remontowa Shipbuilding said it recently delivered the fourth in a series of six tugboats for the Polish Navy.The vessel, H 12 Semko, was built in Gda sk and sailed to winouj cie for handover to the 8th Vice Admiral Kazimierz…....

Marine Link Published 4y-10mo-4w-1d-1h-21m ago

Beirut Blast Chemicals Possibly Linked to Syrian Businessmen

The company that bought the ammonium nitrate which exploded in Beirut last August had possible links to two Syrian businessmen under U.S. sanctions for ties to President Bashar al Assad, according to a report by a Lebanese journalist and London company filings.Savaro Ltd…....

Marine Link Published 4y-10mo-4w-1d-2h-3m ago

VLSFO Plus Older Engines Can Presents New Maintenance Challenges

As shipowners mull the pros and cons associated with new fuels to meet tightening emissions rules, Chevron Marine is finding that some ship owners that switched older engines to  very low sulfur fuel oil VLSFO are reporting build up of red deposits on piston crowns and top edges…....

Marine Link Published 4y-10mo-4w-1d-4h-55m ago

US Imposes Fresh Sanctions on Iran

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.They are the…....

Marine Link Published 4y-11mo-21h-52m ago

New Tug Delivered to Svitzer Australia

Svitzer Australia recently took delivery of a new RAstar 3000 W series ASD tug, Svitzer North, from ASL Shipyard in Singapore.The vessel amp 39 s design was developed by Robert Allan Ltd. in close cooperation with Svitzer’s operations team, to meet the unique demands of the Port of Geraldton…....

Marine Link Published 4y-11mo-22h-4m ago

Offshore Wind: Things are Getting Bigger

The global offshore wind industry has been picking up pace unabated by the global pandemic, with industry investments growing and offshore wind turbine makers competing on who amp 39 ll build a larger turbine. With offshore wind turbines, bigger is better…....

Marine Link Published 4y-11mo-22h-49m ago

Heddle Shipyards Hires Newcombe as Chief Strategy Officer

Heddle Shipyards, the largest Canadian ship repair company on the Great Lakes, said it has hired Jared Newcombe as Chief Strategy Officer.Newcombe, an accomplished shipyard executive with over 30 years of experience in the industry, began his…....

Marine Link Published 4y-11mo-23h-9m ago

Wolfson Takes the Helm at Norfolk Naval Shipyard

Captain Dianna Wolfson took the helm Friday as the 110th commander of Norfolk Naval Shipyard NNSY and first female leader in its 253 year history.Wolfson also holds the distinction of becoming the first female commander of any of the nation’s…....

Marine Link Published 4y-11mo-1d-6m ago

Video: Costa Toscana Floated Out at Meyer Turku

The liquefied natural gas LNG powered, 185,000 GT cruise ship Costa Toscana was floated out to the outfitting pier at Meyer Turku shipyard on Friday. Due to harsh weather conditions, the filling of the dry dock started on Thursday.“As this is also the start of the final stage of shipbuilding…....

Marine Link Published 4y-11mo-1d-1h-5m ago

Coles Resigns as CEO of Wallem Group

The board of Wallem Group announced that chief executive Frank Coles has resigned and will be leaving the company shortly.As many will be aware, Coles has been very active in highlighting the plight of seafarers during the COVID 19 pandemic, and he now wishes to become more involved in promoting the....

Marine Link Published 4y-11mo-1d-2h-14m ago

VIDEO: Huisman's Crane for OIM Wind's Offshore Wind Installation Vessel

Dutch crane specialist Huisman has signed a letter of intent with China amp 39 s Yantai CIMC Raffles Offshore for the delivery of a 2,600mt Leg Encircling Crane LEC for OIM Wind’s BT 220IU offshore wind installation unit.OIM Wind last year signed an EPC contract with CIMC for the construction o....

Marine Link Published 4y-11mo-1d-2h-57m ago

SEACOR Marine Completes Sale of Windcat to CMB

New York listed offshore vessel owner SEACOR Marine has completed the previously announced sale of its offshore crew transfer subsidiary Windcat Workboats to the Belgian shipping and logistics group Compagnie Maritime Belge CMB .Windcat is headquartered in Lowestoft…....

Marine Link Published 4y-11mo-1d-5h-2m ago

Deal on Marine Mammal Oil Spill Response Program for Western Alaska

The Alaska Chadux Network ACN and the Alaska SeaLife Center ASLC have finalized an agreement to develop and implement a program to respond to oil spill impacted marine mammals throughout Western Alaska, the U.S. Arctic, and Prince William Sound.....

Marine Link Published 4y-11mo-1d-5h-43m ago

Meyer Turku Cuts Steel for Carnival's Next Mega Cruise Ship

Finnish shipbuilder Meyer Turku held a steel cutting ceremony for Carnival Cruise Line amp 39 s next Excel Class ship, the 180,000 gross ton Carnival Celebration, slated to debut from PortMiami in 2022.The newbuild is a sister ship the 5,200 passenger…....

Marine Link Published 4y-11mo-1d-18h-2m ago

Converted Patrol Boat Becomes a Research Vessel for USM

A refurbished 48 foot workboat has been delivered to The University of Southern Mississippi USM for its second life as a research vessel.The vessel, an Endeavor 45 cabin patrol vessel originally built by Silver Ships in 2008 for the State of Mississippi Department of Marine Resources DMR …....

Marine Link Published 4y-11mo-1d-18h-52m ago

New Ferry Being Built for Christian Island, Ontario

An infrastructure upgrade project is underway on Christian Island, Ontario, and one of the main components of the project is the construction of a new double ended ferry DEF – a so called “Floating Bridge” from the mainland to the island.....

Marine Link Published 4y-11mo-1d-19h-40m ago

Yanmar America Hires Micu

Yanmar America said it has hired Carl J. Micu as division manager of power solutions. He will oversee all engine sales and be responsible for the strategic development of long term sales growth plans and annual sales targets related to industrial engines…....

Marine Link Published 4y-11mo-1d-20h-35m ago

LNG Carrier Bottleneck at Panama Canal Could Last Until March

Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although the canal amp 39 s regulator said it had made changes to speed up transit.The price of liquefied…....

Marine Link Published 4y-11mo-1d-22h-26m ago

Silver Dawn Floated Out at Fincantieri's Ancona Shipyard

Shipbuilding giant Fincantieri said Thursday that it has launched Silversea Cruises’ new ship Silver Dawn at its yard in Ancona, Italy. The cruise ship will now enter the outfitting phase ahead of scheduled delivery in November 2021.Silver Dawn…....

Marine Link Published 4y-11mo-1d-23h-25m ago

World First: Activation of Commercial Iridium GMDSS onboard Norwegian Trawler

The town of Haugesund, Norway, home to busy waterways dotted with fishing and shipping vessels, was home to a maritime amp 39 world first amp 39 , with the announcement of the world’s first commercial Iridium GMDSS installation.The Norwegian trawler Trygvason…....

Marine Link Published 4y-11mo-1d-23h-41m ago

BV Grants AIP for GTT's Containership LNG Fuel Tank

French naval engineering firm GTT announced it has obtained approval in principle AiP for the NO96 membrane containment system for liquefied natural gas LNG fuel tank application for ultra large container vessel ULCV from classification…....

Marine Link Published 4y-11mo-1d-23h-48m ago

Kilo Marine Joins KVH Watch Solution Partner Program

KVH Industries, Inc. announced that marine technical services firm Kilo Marine has joined the KVH Watch Solution Partner program and will offer KVH Watch connectivity as part of a wide range of marine services. In particular, the digital services…....

Marine Link Published 4y-11mo-2d-9m ago

Chouest's LaShip Shipyard Adds New Welding Robot

Finnish welding and production automation company Pemamek said it delivered a new welding robot station to Edison Chouest Offshore amp 39 s ECO LaShip shipyard in Louisiana.The newly commissioned PEMA VRWP C robot station is a compact solution to automatize micro panel welding…....

Marine Link Published 4y-11mo-2d-44m ago

Report: Nord Stream 2 Set to Resume Pipelaying Works in Danish Waters

The Russia led Nord Stream 2 consortium said on Thursday that work to lay its subsea gas pipeline to Germany would resume in Danish waters on Jan. 15, the TASS news agency reported, despite pressure from the United States for construction to…....

Marine Link Published 4y-11mo-2d-45m ago

U.S. Blacklists China's CNOOC over South China Sea Actions

The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South China Sea and ratcheting up tension days before U.S. President elect Joe Biden takes office.Alongside blacklisting CNOOC…....

Marine Link Published 4y-11mo-2d-1h-19m ago

Sweden Clearing Legal Path to Reexamine Estonia Wreck Site

A new examination of the wreck of the ferry Estonia, which sank in the Baltic in 1994 with the loss of 852 lives, will be possible from the summer when a change to Swedish law comes into force, news agency TT reported on Thursday.The official investigation concluded in 1997 that the roll on…....

Marine Link Published 4y-11mo-2d-1h-21m ago

Egypt Reopens Red Sea Ports Shut Due to Bad Weather

Egypt has reopened three Red Sea commercial ports and one fishing port which were shut earlier on Wednesday because of high winds and rough seas the Red Sea Ports Authority and two sources said.The reopened ports are Suez, Zeitiyat, Adabiya and the fishing port of al Ataka, they added.Two other port....

Marine Link Published 4y-11mo-2d-18h-1m ago

Ocean 100: Profits from World's Seas Dominated by 100 Companies

Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over fishing, rising temperatures and pollution.Together, the companies generated $1.1 trillion in revenues in 2018…....

Marine Link Published 4y-11mo-2d-18h-49m ago

Forslund Joins BMT as Commercial Business Development Manager

Bill Forslund recently joined naval architecture and marine engineering design consultancy BMT as commercial business development manager, concentrating on West Coast new business, passenger vessels, navy and commercial tug and barge projects.....

Marine Link Published 4y-11mo-2d-18h-59m ago

NASSCO Launches First New Oiler for the US Navy

U.S. shipbuilder General Dynamics NASSCO on Tuesday launched the future USNS John Lewis T AO 205 , the first of six vessels in the John Lewis class fleet oiler program designed to support the U.S. Navy.Construction of the future USNS John Lewis T AO 205 began in the fall of 2018.....

Marine Link Published 4y-11mo-2d-19h-10m ago

Equinor Selected for US' Largest Offshore Wind Award

Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States amp 39 largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260…....

Marine Link Published 4y-11mo-2d-20h-5m ago

Maritime Security: Neo-colonialism in the Gulf of Guinea

Is neo colonialism in the Gulf of Guinea the answer to West Africa’s maritime crime crisis In October 2020, China’s transport ministry established an ad hoc workgroup to lay down precautionary measures for ships and seafarers passing through…....

Marine Link Published 4y-11mo-2d-21h-41m ago

Carnival Cruise Line Names Campbell CFO

Carnival Cruise Line said it has named Darrell Campbell as chief financial officer. He joins the U.S. based cruise operator from parent company Carnival Corporation where he has served as corporate treasurer since 2017.Prior to his role at Carnival Corp…....

Marine Link Published 4y-11mo-2d-22h-14m ago

Carnival Cruise Line Appoints Campbell CFO

Carnival Cruise Line said it has named Darrell Campbell as chief financial officer. He joins the U.S. based cruise operator from parent company Carnival Corporation where he has served as corporate treasurer since 2017.Prior to his role at Carnival Corp…....

Marine Link Published 4y-11mo-2d-22h-14m ago

Tech File: 3D Printed Prop for French Warship

Naval Group manufactured a new generation propeller via a metal 3D printing process, mounted on a tripartite minehunter.This propeller is 2.5 m in diameter, supported by five 200 kg blades. The equipment left the workshops of the Naval Group…....

Marine Link Published 4y-11mo-2d-23h-33m ago

Ship Insurers Primed to Raise Rates After Red Sea Attacks

Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.The possibility of more attacks on commercial shipping…....

Marine Link Published 4y-11mo-2d-23h-43m ago

US' First LNG ATB Ready for Service

Q LNG Transport and Shell Trading US Company announced Wednesday that the first offshore liquified natural gas LNG bunkering articulated tug and barge ATB in the United States, the Q LNG 4000 is ready for operations along the southeast U.S.....

Marine Link Published 4y-11mo-3d-27m ago

Interpol Issues Red Notices for Ship Captain, Owner Over Beirut Blast

Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200 people, Lebanon’s state media said.Five months since one of the biggest non nuclear blasts on record…....

Marine Link Published 4y-11mo-3d-1h-55m ago

MARAD Administrator Mark Buzby Resigns

Mark Buzby, the Trump appointed head of the U.S. Maritime Administration MARAD , has resigned following the violent intrusion of the U.S. Capitol by the President amp 39 s supporters, the agency confirmed to MarineLink.“I no longer believe that I…....

Marine Link Published 4y-11mo-3d-2h-41m ago

Shipowners’ Low Carbon Fuel Options Gain Speed

In the next decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean for shipowners They must be nimbler than ever – a shift that requires work. It means greening supply chains…....

Marine Link Published 4y-11mo-3d-3h-17m ago

BIMCO: China Cements Top Position in the Bulk Market

The turbulence of the past year has in many ways clouded the underlying fundamentals in the dry bulk shipping market, but with 2020 now behind us, we are in a better position to establish an overview of expectations for 2021. Overall, total…....

Marine Link Published 4y-11mo-3d-3h-38m ago

Plastic Free Oceans: Maersk Supply Service, The Ocean Cleanup Extend Partnership

Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s…....

Marine Link Published 4y-11mo-3d-3h-51m ago

DNV GL to Change Name

Norway based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021.The classification society, providing services to offshore and maritime industries, among others, has had the current name since the…....

Marine Link Published 4y-11mo-3d-5h-27m ago

ABB, Hyundai Tighten Turbocharger Partnership

A new agreement between ABB Turbocharging, Hyundai Global Service HGS and Hyundai Heavy Industries’ Engine amp Machinery Division HHI EMD has established a ‘total service solution’ for ABB and Hyundai customers.Under the agreement, ABB Turbocharging…....

Marine Link Published 4y-11mo-3d-18h-15m ago

Klaveness' New Combination Carrier Delivered from New Yangzi Shipyard

Norway based shipowner Klaveness Combination Carriers said it took delivery of a new combination carrier vessel from the New Yangzi Shipyard in China on Monday.The Baiacu is the sixth in a series of eight contracted CLEANBU combination carriers…....

Marine Link Published 4y-11mo-3d-18h-39m ago

WRDA 2020 Winds its Way to Passage

In early October, Waterways Council, Inc. WCI reported in its newsletter Capitol Currents that the future of the Water Resources Development Act WRDA of 2020 hung in the balance, with many unknowns for its chances of being signed into law…....

Marine Link Published 4y-11mo-3d-19h-10m ago

LNG Shipping Rates from US Surge to Record Highs

The cost of shipping liquefied natural gas LNG from the United States to Asia hit a record high on Tuesday as appetite for the fuel from buyers there and delays through the Panama Canal reduced the amount of ships for hire.Freezing temperatures…....

Marine Link Published 4y-11mo-3d-19h-42m ago

MSC Eyes Hydrogen as Containership Fuel

Container shipping giant Mediterranean Shipping Company MSC said it is working to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for its vessels.The initiative is part of the Swiss…....

Marine Link Published 4y-11mo-3d-20h-13m ago

Oil Rises to 11-month High

Oil hit an 11 month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia amp 39 s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand.Brent crude settled up 92 cents, or 1.7%, at…....

Marine Link Published 4y-11mo-3d-20h-48m ago

Tech File: H-Glide Structural Bearings for Extreme Environs

Custom fabricated structural bearings are being introduced by Hercules Engineering for extremely high stress applications in structures requiring outstanding load bearing performance, even in compact or wet spaces in applications such as ports loaders…....

Marine Link Published 4y-11mo-3d-20h-52m ago

Henriksen's New Liferaft Hook Enters Production

Norway based Henriksen Hooks said its new Liferaft Release Hook into full production following completion of a prolonged testing program.Now available globally, the new crane hook has been especially developed for launching inflated liferafts.....

Marine Link Published 4y-11mo-3d-21h-38m ago

Fluechem Develops new Onboard Urea Generator

Fluechem launched what it is calling amp 34 a revolutionary new system amp 34 that allows shipping owners to create their own Urea solution onboard.Launched at the end of 2020 the Urea Generator by Fluechem was born out of a deep understanding of the challenges…....

Marine Link Published 4y-11mo-3d-22h-12m ago

Carisbrooke Shipping, SMT Shipping Partner with Nautilus Labs

Nautilus Labs, a technology firm aiming to advance the efficiency of ocean commerce through artificial intelligence, announced its partnership to optimize fleet performance with joint venture partners Carisbrooke Shipping and SMT Shipping. Both Carisbrooke…....

Marine Link Published 4y-11mo-3d-23h-7m ago

China's Ban on Australian Coal Forces Trade Flows to Realign

China amp 39 s effective ban on imports of Australian coal is forcing a realignment of flows between the world amp 39 s two biggest importers and two largest exporters.Indonesia and Australia dominate the global seaborne coal trade, with the Southeast Asian nation tops in thermal coal…....

Marine Link Published 4y-11mo-4d-11m ago

Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil

Norway amp 39 s oil and gas reserves have made it one of the world amp 39 s wealthiest countries but its dreams for deep sea discovery now center on something different.This time, Oslo is looking for a leading role in mining copper, zinc, and other metals…....

Marine Link Published 4y-11mo-4d-21m ago

With "Sustainability at the Heart", Hempel Aims to Double Revenue by 2025

Hempel announced an ambitious strategy to double its revenue by 2025, with a strong focus on innovation and digitalization.Hempel has faced its fair number of challenges over its 105 year history, with COVID 19 and the year 2020 presenting historic challenges in the global supply of coatings.....

Marine Link Published 4y-11mo-4d-21m ago

UK to Use Satellites to Track Ship Emissions

An initiative aiming to help track and reduce shipping amp 39 s carbon emissions is among five projects recently awarded U.K. government funding through the country amp 39 s Space Agency.The University of Leicester will use satellite analytics to track the…....

Marine Link Published 4y-11mo-4d-39m ago

Shell Wins Marine Lubricants Deal with Carnival

Shell Marine said it has been awarded a multi year contract to provide marine lubricants to cruise line operator Carnival Corporation’s global fleet of 89 ships. Carnival will offset the carbon dioxide emissions from the marine lubricants it purchases from Shell…....

Marine Link Published 4y-11mo-4d-1h-9m ago

US Ramps Up Fight Against Illegal Fishing

NOAA has entered into a memorandum of understanding with the U.S. Agency for International Development USAID to combat illegal, unreported and unregulated IUU fishing across borders and promote sustainable fisheries abroad, as the U.S. ramps…....

Marine Link Published 4y-11mo-4d-1h-22m ago

Raytheon Anschütz Debuts 'plug and play' ECDIS

Raytheon Anschütz launched a new ECDIS in January 2021, the ECDIS NX Compact, which is a preconfigured system of a 24 inch panel pc and the ECDIS NX software that is designed to make installation and operation easier and safer. Optimized for ECDIS retrofits…....

Marine Link Published 4y-11mo-4d-1h-30m ago

Two Autonomous Electric RoRo Vessels Driven by SCHOTTEL

German propulsion systems manufacturer SCHOTTEL said it has been awarded a contract to deliver SCHOTTEL EcoPellers and PumpJets for two new autonomous RoRo ships. They will be operated by ASKO Maritime AS, Norway’s largest grocery wholesaler, and built at Cochin Shipyard CSL in India.....

Marine Link Published 4y-11mo-4d-1h-53m ago

Nor-Shipping Postponed to January 2022

Nor Shipping has postponed its planned exhibition and activity program for June 2021, pushing the event back to January 10 13, 2022, organizers announced. The maritime trade fair is the latest in a string of international shipping events to…....

Marine Link Published 4y-11mo-4d-12h-38m ago

Lloyd’s Register Names Members of Its Decarbonization Panel

Classification society Lloyd’s Register LR announced the industry experts who have joined the advisory panel of its Maritime Decarbonization Hub, a dedicated center of excellence launched in October that aims to accelerate the safe, sustainable…....

Marine Link Published 4y-11mo-4d-13h-9m ago

UltraShip to Install Wärtsilä FOS Across Its Fleet

Wärtsilä said its Fleet Operations Solution FOS will be employed by UltraShip for the Denmark based shipowner amp 39 s entire fleet of 18 liquefied petroleum gas LPG carrier vessels.The solution by Wärtsilä Voyage is designed to save costs while…....

Marine Link Published 4y-11mo-4d-18h-21m ago

Great Lakes Announces $60.9 Million in Dredging Contracts

Great Lakes Dredge amp Dock Corporation on Monday announced the receipt of several major dredging awards in Georgia and Florida totaling $60.9 million which will be included in the year end 2020 backlog number.The awarded work includes:North County…....

Marine Link Published 4y-11mo-4d-18h-36m ago

Damen Completes Work on German Diving Bell Ship

Damen completes work on German Federal Waterways and Shipping Administration WSV diving bell shipDamen Shipyards Group has completed construction and outfitting of a diving bell ship for client FMSW Koblenz Department Machinery Southwest …....

Marine Link Published 4y-11mo-4d-19h-8m ago

Preston Joins Global Diving & Salvage as Director of Marine Technology

Global Diving amp Salvage, Inc. has appointed Alisa Preston, P. Eng., as Director of Marine Technology to lead the growth of the marine services company’s underwater technology resources.Preston will be responsible for advancing the development…....

Marine Link Published 4y-11mo-4d-20h-1m ago

Australia Issues Its Most Severe Vessel Ban to Date

A amp 34 poorly maintained amp 34 livestock carrier seen operating with a list and a hole in its hull has been banned from Australian ports for a period of 24 months, the country amp 39 s amp 34 most severe banning to date amp 34 , authorities said Friday.The Marshall Islands…....

Marine Link Published 4y-11mo-4d-20h-24m ago

Baltic Index Extends Rally on Surging Chinese Coal Shipments

The Baltic Exchange amp 39 s main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China continued to power capesize rates higher.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels…....

Marine Link Published 4y-11mo-4d-21h-28m ago

All American Marine to Build Research Vessel for BLUETIDE

Bellingham, Wash. boatbuilder All American Marine announced it recently secured a contract to construct a research vessel for BLUETIDE Puerto Rico. The 73 by 26.7 foot aluminum catamaran will be constructed to USCG Subchapter T standards for…....

Marine Link Published 4y-11mo-4d-22h-6m ago

First Building Complete at HII's New Unmanned Systems Campus

Huntington Ingalls Industries HII said Monday it has completed the first phase of its Unmanned Systems Center of Excellence with the construction of a 22,000 square foot facility.The first of two planned buildings on the 20 acre campus in Hampton, Va.....

Marine Link Published 4y-11mo-4d-23h-16m ago

SSY Publishes Shipping Outlook for 2021

After a highly volatile 2020, shipbroker Simpson Spence Young SSY looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, including…....

Marine Link Published 4y-11mo-4d-23h-24m ago

Gambia Seizes Huge Cocaine Haul from Shipping Container

Gambian authorities seized nearly three tonnes of cocaine from a shipment of industrial salt originating in Ecuador, a spokesman said on Friday, in one of the largest ever busts in West Africa.The 118 bags of cocaine were discovered on Thursday…....

Marine Link Published 4y-11mo-4d-23h-46m ago

Carnival Reports $1.9 Billon Quarterly Loss

Carnival Corp on Monday reported a preliminary adjusted net loss of $1.9 billion for the fourth quarter, as the cruise operator’s business was brought to a virtual standstill by the COVID 19 pandemic.The world’s largest cruise company’s shares fell 4% in early trading.Carnival…....

Marine Link Published 4y-11mo-4d-23h-51m ago

Seaspan Cavalier Repower: Long Life, Big Hours

“We got 59,115 hours on those engines, without ever removing a head,” says Seaspan International’s Port Engineer Kevin Tweedy, “And they were still running. So, at 5,000 to 5,500 hours per year, we could easily have done 60,000 hours.”But the company schedule worked to do a like for like r....

Marine Link Published 4y-11mo-5d-42m ago

Passenger Vessels Steering a Course Through Testing Waters

The head of global trade association Interferry reflects on the unprecedented challenges of 2020 and those ahead—but makes a case for cautious optimism.What a difference a year makes…In this column last January, I was hailing the worldwide ferry…....

Marine Link Published 4y-11mo-5d-49m ago

Damen Repairs P&O Ferries’ Pride of Canterbury

Late last year, a team of Damen group subsidiaries completed a challenging project to replace one of the twin rudder stocks on P amp O Ferries’ Pride of Canterbury. The 180 meter, 30,635 GT RoPax vessel operates on the Dover Calais crossing, the…....

Marine Link Published 4y-11mo-5d-1h-33m ago

Scotland's Seafood Exporters Dealt New Post-Brexit Blow

The post Brexit woes facing Scotland’s fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the European Union through one of its main services until at least Wednesday.Previously…....

Marine Link Published 4y-11mo-5d-2h-20m ago

Munn Named VP and CFO of Ingalls Shipbuilding

America amp 39 s largest military shipbuilder Huntington Ingalls Industries announced Friday that Keith Munn has been promoted to vice president, business management, and chief financial officer for its Ingalls Shipbuilding division in Pascagoula, Miss.Effective February 15…....

Marine Link Published 4y-11mo-1w-21h-9m ago

CDW Delivers Dredge for Legacy Materials

Custom Dredge Works CDW said it has delivered a new 14 inch electric powered chain ladder dredge to aggregate mining company Legacy Materials in Booneville, Iowa.The builder noted that the electric powered dredge will greatly reduce or eliminate air, noise and water pollution, as well as ongoing m....

Marine Link Published 4y-11mo-1w-21h-41m ago

Finland's Icebreaking Season is Underway

Icebreaking operations have commenced in Finland, with two icebreakers presently deployed in the Bay of Bothnia, where ice has begun to form at the head end and along shipping lanes.On December 25, by decision of the Finnish Transport Infrastructure Agency…....

Marine Link Published 4y-11mo-1w-21h-59m ago

Caterpillar Marine Unveils C32B 2433 MHP Engine

Following the launch of the C32B 2025 MHP engine, Caterpillar Marine has announced the release of the new Cat C32B Triple Turbo 2433 MHP 2400BHP high performance marine engine, with a rated engine speed of 2,300 rpm.With a 20% increase in power output…....

Marine Link Published 4y-11mo-1w-22h-27m ago

Baltic Index Jumps 11% as Chinese Coal Demand Propels Capesizes

The Baltic Exchange amp 39 s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese coal demand drove up capesize rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels…....

Marine Link Published 4y-11mo-1w-22h-48m ago

Encore Dredging Partners Acquires Inland Dredging Company

Newly formed dredging and marine infrastructure services firm Encore Dredging Partners, LLC. EDP said it has acquired Inland Dredging Company, LLC for an undisclosed purchase price.EDP said it completed the transaction with support from its sole financial sponsor…....

Marine Link Published 4y-11mo-1w-23h ago

Roberts Named President of Foss Maritime

Seattle based tug and towing company Foss Maritime said its chief operating officer Will Roberts has been promoted to president.“It was evident to our leadership team that Will’s ability to perform at the highest level along with his business…....

Marine Link Published 4y-11mo-1w-23h-18m ago

Rem Offshore's Platform Supply Vessel Hired for Offshore Wind Work

Norwegian offshore vessel operator Rem Offshore has said its platform supply vessel Rem Trader has been awarded a contract in the offshore wind sector.Rem Offshore said in a social media post on Friday that the vessel delivered in 2012, and…....

Marine Link Published 4y-11mo-1w-1d-30m ago

HMD LNG Carrier Gets AIP From the Korean Register

The Korean Register KR has awarded Approval In Principle AIP for a liquefied natural gas LNG carrier with a prismatic IMO type B tank built by Hyundai Mipo Dockyard HMD . The ship is a small to medium sized LNG carrier with a B type cargo…....

Marine Link Published 4y-11mo-1w-1d-46m ago

DSIC Delivers LR2 Newbuild to Maersk Tankers

Danish based Maersk Tankers has taken delivery 115,000 dwt tanker Maersk Sara from Chinese shipbuilder Dalian Shipbuilding Industry Company DSIC .The LR2 vessel, second in a series of 10, is said to be 20% more fuel efficient than similar vessels…....

Marine Link Published 4y-11mo-1w-1d-1h-30m ago

In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal

Ghana has taken delivery of sub Saharan Africa amp 39 s first offshore receiving terminal for liquefied natural gas LNG , allowing it to start delivering LNG to customers in the first quarter of this year, the terminal amp 39 s operator said.Tema LNG, which is backed by UK based Helios Investment....

Marine Link Published 4y-11mo-1w-1d-2h-30m ago

N-O-S to Provide Vessels for Ørsted's UK West Coast Wind Farms

Crew transfer vessel company Northern Offshore Services N O S  has signed a contract with the offshore wind farm giant Ørsted to provide vessels for its British west coast operations.N O S will provide crew transfer support to Ørsted’s UK West…....

Marine Link Published 4y-11mo-1w-1d-3h-4m ago

France: Nuclear Submarine Le Terrible Moves to Dock for Major Refit

French Navy amp 39 s ballistic nuclear submarine Le Terrible has arrived in dock 8 of the Brest naval base in France to continue its Full Cycle Docking FCD , otherwise known as a major refit. This will be the first FCD for Le Terrible and will involve…....

Marine Link Published 4y-11mo-1w-1d-3h-29m ago

Iranian Ship Arrives at Venezuelan Port

An Iranian ship arrived at the Venezuelan port of La Guaira on Thursday, according to Refinitiv Eikon data, in what appeared to be a continuation of the commercial alliance between the two countries targeted by U.S. sanctions.Iran has been supplying…....

Marine Link Published 4y-11mo-1w-1d-15h-20m ago

USCG Seeks Cruise Ship for Underway Examiner Training

The U.S. Coast Guard said it is seeking a cruise ship to host examiner training courses while underway.The contracting opportunity is for a vessel of at least 70,000 gross tons to host three Foreign Passenger Vessel Examiner   FPVE courses…....

Marine Link Published 4y-11mo-1w-1d-18h-57m ago

Pioneering Spirit to Remove Two Morecambe Bay Platforms

Allseas amp 39 giant heavy lift vessel Pioneering Spirit will remove the DP3 and DP4 platforms in Morecambe Bay off the U.K. for independent oil and gas operator Spirit Energy.The two normally unmanned installations used to produce gas as part of…....

Marine Link Published 4y-11mo-1w-1d-19h-20m ago

HII Begins Fabrication of Destroyer Jeremiah Denton (DDG 129)

Huntington Ingalls Industries’ NYSE: HII Ingalls Shipbuilding division started fabrication of the Arleigh Burke class DDG 51 destroyer Jeremiah Denton DDG 129 on January 7, 2021. The start of fabrication signifies the first 100 tons of…....

Marine Link Published 4y-11mo-1w-1d-19h-32m ago

US Transportation Secretary Elaine Chao to Resign

U.S. Transportation Secretary Elaine Chao said Thursday she would resign, citing the intrusion of the U.S. Capitol by violent supporters of U.S. President Donald Trump.Chao, the wife of Senate Majority Leader Mitch McConnell, is the first Cabinet secretary to announce her departure after the events.....

Marine Link Published 4y-11mo-1w-1d-20h-41m ago

Halter Marine Upgrades Launch Way for Polar Security Cutter Build

Gearing up to build the U.S. amp 39 first new heavy icebreaker in decades, Pascagoula, Miss. shipbuilder Halter Marine said it is upgrading the launch way area where the U.S. Coast Guard amp 39 s Polar Security Cutter PSC will be constructed.The detailed design phase is amp 34 rapidly progres....

Marine Link Published 4y-11mo-1w-1d-23h-29m ago

Baltic Index Up for Seventh Straight Session

The Baltic Exchange amp 39 s main sea freight index that tracks rates for ships carrying dry bulk commodities rose for a seventh session in a row on Thursday as rates firmed across all vessel segments.The Baltic dry index, which tracks rates for capesize…....

Marine Link Published 4y-11mo-1w-2d-1h-44m ago

Australian Exports Feel China Chill

Australia amp 39 s trade surplus narrowed in November as China curbs on coal and farm goods took some steam out of exports, while a rebound in the domestic economy sucked in record goods imports.Other data out on Thursday showed Australia amp 39 s property…....

Marine Link Published 4y-11mo-1w-2d-2h ago

Mercuria Teams Up with Envysion for Project Investment

Trading house Mercuria and Singapore based asset manager Envysion Wealth Management have agreed to co invest in mining and energy projects, as default hit banks tighten their purse strings and leave commodities firms seeking other funding.The deal…....

Marine Link Published 4y-11mo-1w-2d-2h-19m ago

Argentine Grain Inspector Strike Ends, Exports to Flow

The union representing Argentine port side grain inspectors said on Thursday it had ended a month long wage strike after reaching a contract deal with export companies that will allow international soy, corn and wheat shipments to return to…....

Marine Link Published 4y-11mo-1w-2d-3h-3m ago

United Overseas Group to Acquire United Arab Chemical Carriers

Investment company United Overseas Group UOG is to acquire Dubai based shipping company United Arab Chemical Carriers UACC , the two companies said on Thursday.The deal is subject to regulatory approvals and is expected to close in the first quarter…....

Marine Link Published 4y-11mo-1w-2d-3h-9m ago

Schottel Invests in New Crane System for Wismar Manufacturing Facility

SchottelGmbH Wismar has invested neary $615,000 in a new crane system, a system designed to provide faster and more efficient production process, replacing an old system from 1979.Its two new cranes are double girder overhead travelling cranes with a load bearing capacity of 50 tonnes each…....

Marine Link Published 4y-11mo-1w-2d-3h-17m ago

Japan Faces LNG Shortage Amid Supply crunch, Cold Weather

JERA, Japan amp 39 s biggest electricity generator and the world amp 39 s largest buyer of liquefied natural gas LNG , is operating gas power plants at lower rates as it runs down inventories amid rising heating demand as temperatures drop.The company joins other Japanese power generators reduci....

Marine Link Published 4y-11mo-1w-2d-3h-42m ago

Scorpio Bulkers to Change Name to Eneti

Scorpio Bulkers Inc. NYSE: SALT announced today that it intends to change its name to Eneti Inc., subject to approval at an Extraordinary General Meeting to be held on February 3, 2021 for shareholders of record as of December 29, 2020.....

Marine Link Published 4y-11mo-1w-2d-12h-44m ago

Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG

Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas LNG services in the U.S. and adjacent regions.The Jacksonville, Fla. based maritime transportation and services firm…....

Marine Link Published 4y-11mo-1w-2d-20h-57m ago

SOCP Releases Ballast Water Management Systems User Guide

BWMS User Guide lays out path to compliance over lifetime of installationThe Ship Operations Cooperative Program SOCP has released the Ballast Water Management Systems BWMS User Guide. Developed by Glosten in cooperation with the SOCP Members…....

Marine Link Published 4y-11mo-1w-2d-21h-35m ago

Havila Shipping, DeepOcean Settle Dispute

Norwegian offshore vessel owner Havila Shipping has settled a dispute with subsea services provider DeepOcean.The dispute, now settled, came to light after Havila in December said it had terminated the contract with DeepOcean for the Havila Phoenix vessel…....

Marine Link Published 4y-11mo-1w-3d-30m ago

South Korea Delegation Heads to Iran to Seek Release of Seized Tanker

A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its 20 member crew seized in Gulf waters by Iranian forces, Yonhap news agency reported.Iran denied on Tuesday it was using the ship and its crew as hostages…....

Marine Link Published 4y-11mo-1w-3d-2h-1m ago

Indian Oil Corp Buys its First Cargo of Iraqi Basra Medium Oil

Indian Oil Corp IOC , the country amp 39 s top refiner, has loaded its first cargo of Iraq amp 39 s newly introduced Basra Medium crude grade, according to ship tracking data from Refinitiv Eikon and a source with knowledge of the matter.IOC loaded the cargo onto Minerva Kalypso…....

Marine Link Published 4y-11mo-1w-3d-3h-1m ago

Maersk Says European Lockdowns Have Not Dented Demand for Shipping

High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday.A surge…....

Marine Link Published 4y-11mo-1w-3d-3h-19m ago

New Wellboat Reisa Delievered to Norsk Fisketransport for Salmon Farming

Norsk Fisketransport AS took delivery of a new Havyard wellboat dubbed Reisa, a boat that is designed to offer greater salmon capacity and enhanced fish welfare.All told, four Havyard ships have been delivered so far, and two more are scheduled…....

Marine Link Published 4y-11mo-1w-3d-4h-11m ago

Libya's Hariga Oil Port Loading Blocked by Sit-in Guards

Petroleum facilities guards at Libya amp 39 s eastern Hariga oil terminal have delayed the loading of a one million barrel cargo as they press salary demands, the port amp 39 s manager said on Wednesday.The guards at Hariga, where Mesla and Sarir grades are loaded, have been staging a sit in, wh....

Marine Link Published 4y-11mo-1w-3d-5h-23m ago

Wallenius Wilhelmsen to Reactivate Up to 9 Laid Up Vessels

Wallenius Wilhelmsen, a Norwegian/Swedish RoRo shipping company, will reactivate up to 9 of its 16 vessels that are currently in cold layup.The company, which owns 123 vessels, said Tuesday that the reactivation would take place during Q1 2021…....

Marine Link Published 4y-11mo-1w-3d-6h-57m ago

Damen Repairs Seven CMA CGM Containerships

Damen Shiprepair and Conversion DSC said it is wrapping up a ship repair and maintenance program involving seven vessels owned by French shipping and logistics giant CMA CGM. The projects took place at Damen Shiprepair Amsterdam DSAm in…....

Marine Link Published 4y-11mo-1w-3d-18h-38m ago

The Valdez Spirit: Repowering for a Promising Future

A true family business, Stan and Mary Helen Stephens started operating fishing and hunting charters out of Valdez, Alaska on their first vessel the 26 foot m/v Mary Helen, in 1971. Soon after, the rest of the family joined in, operating tours on the waters around Valdez and in Prince William Sound.....

Marine Link Published 4y-11mo-1w-3d-19h-11m ago

Oil Prices Jump 5% on OPEC+ Output Talks, Iran Tension

Oil prices climbed nearly 5% on Tuesday after news that Saudi Arabia will make voluntary cuts to its oil output, while international political tension simmered over Iran amp 39 s seizure of a South Korean vessel.Brent crude futures rose $2.51, or 4.9%, to settle at $53.60 a barrel. U.S.....

Marine Link Published 4y-11mo-1w-3d-19h-42m ago

Shipbuilding: Wilson Sons Unveils Plan to Build Six Tugboats

Wilson Sons will start in the first quarter of 2021 the construction of six tugboats, at its shipyards in Guarujá SP , helping to grow the company amp 39 s fleet, the largest in Brazil today with 80 tugboats. Click here to read a related story on the depth…....

Marine Link Published 4y-11mo-1w-3d-21h-31m ago

Fairbanks Morse Acquires Ward Leonard

Fairbanks Morse, a portfolio company of Arcline Investment Management, has acquired Ward Leonard Operating, LLC, a provider of motor and control solutions for military applications. This acquisition will expand the scope of power and propulsion…....

Marine Link Published 4y-11mo-1w-3d-22h-20m ago

KSOE Secures Order for Six 15,000 TEU Box Ships

South Korean shipbuilding group Korea Shipbuilding amp Offshore Engineering KSOE said Tuesday it has secured a 900 billion won US$828 million order to build six 15,000 TEU containerships for an unnamed Asian shipowner, Yonhap reports.Four…....

Marine Link Published 4y-11mo-1w-3d-23h-10m ago

Rising Capesize, Panamax Rates Buoy Baltic index

The Baltic Exchange amp 39 s main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its highest level since mid October last year as rates for capesize and panamax vessels extended gains.The Baltic dry index…....

Marine Link Published 4y-11mo-1w-3d-23h-50m ago

US Hits Iran With Fresh Sanctions

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U.S.....

Marine Link Published 4y-11mo-1w-4d-3m ago

RIBs: Turn Up the Power

However readers might define “normal”, 2020 was anything but. But the business of rigid inflatable boats RIB has been going at full throttle.Matthew Velluto, Director of Business Development and Marketing at RIBCRAFT USA, based in Marblehead…....

Marine Link Published 4y-11mo-1w-4d-22m ago

There’s Room to Grow on Brazil’s Inland Waterways

Brazil’s waterways have enormous potential for commercial transport, but are still underused and inefficient in the country’s 12 river basins, according to Brazil’s National Transport Confederation CNT . Of the 63,000 kilometers km that could potentially be used for inland navigation…....

Marine Link Published 4y-11mo-1w-4d-45m ago

Teledyne to Acquire FLIR Systems in $8 Billion Deal

Industrial conglomerate Teledyne Technologies Inc said on Monday it will acquire thermal imaging camera supplier FLIR Systems Inc in a $8 billion cash and stock deal to beef up its portfolio of imaging sensor technology.FLIR shareholders will receive $28 in cash and 0.0718 shares of Teledyne common ....

Marine Link Published 4y-11mo-1w-4d-52m ago

Iran Denies Seized Korean Ship and Crew Are Being Held as Hostages

Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day after it seized the tanker in the Gulf while pressing a demand for Seoul to release $7 billion in funds frozen under U.S. sanctions.The seizure of the MT…....

Marine Link Published 4y-11mo-1w-4d-1h-36m ago

Sævik Named Managing Director of New Havyard Ship Technology

Karsten Sævik has been named managing director of the New Havyard Ship Technology AS NHST shipyard in Leirvik, Norway, replacing outgoing managing director, Erlend Hatleberg, who has chosen to seek new opportunities outside the Havyard Group…....

Marine Link Published 4y-11mo-1w-4d-2h-36m ago

Kongsberg Sim-based eLearning Solutions for MAAP

Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific MAAP has adopted its new K Sim eLearning solution, as well as commissioning installation of a cutting edge K Sim Safety firefighting simulator at its premises in the Philippines.K Sim Connect has provided more than 23…....

Marine Link Published 4y-11mo-1w-4d-2h-58m ago

S.Korea Reviewing Planned Diplomat Visit to Tehran After Tanker Seizure

South Korea amp 39 s foreign ministry is reviewing whether a senior diplomat would be visiting Tehran on Sunday as planned, an official said, after Iranian forces seized a South Korean flagged chemical tanker in Gulf waters and detained its crew.The…....

Marine Link Published 4y-11mo-1w-4d-12h-35m ago

ClassNK Releases LNG Bunkering Guidelines

Classification society ClassNK released its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, which outline the additional safety requirements of gas carriers that supply liquefied natural gas LNG fuel at sea.The number…....

Marine Link Published 4y-11mo-1w-4d-13h-2m ago

Bay Diesel Announces Leadership Change

For the first time since its inception in 1982, Bay Diesel has a new president. As voted by their Board of Directors in October 2020, the Senior VP of Sales Willard “Rob” Robins has taken on the role of President, with Scott Wheeler, founder and current president…....

Marine Link Published 4y-11mo-1w-4d-13h-51m ago

Salvors Separate Stern Section from Capsized RoRo Golden Ray

Salvage crews completed cutting operations to separate the stern section from the Golden Ray wreck in St. Simons Sound, Ga., on Saturday night, and the giant piece of the overturned car carrier will be craned onto a barge and hauled away for recycling.Once lifting preparations conclude…....

Marine Link Published 4y-11mo-1w-4d-18h ago

US Calls for Iran to Release South Korean-flagged Tanker

The U.S. State Department called on Iran on Monday to immediately release a South Korean flagged tanker that it seized in the Gulf and accused Tehran of threatening freedom of navigation as a way to extract relief from economic sanctions.“The…....

Marine Link Published 4y-11mo-1w-4d-19h-42m ago

Evergreen Takes Delivery of Two 12,000 TEU Ships

Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea amp 39 s Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding…....

Marine Link Published 4y-11mo-1w-4d-20h ago

MetOcean Wins USCG Contract to Supply SAR Buoy

MetOcean Telematics MetOcean won a five year blanket purchase agreement BPA to supply the United States Coast Guard USCG with its  search and rescue buoy, the Iridium Self Locating Datum Marker Buoy, also known as the iSLDMB.The United States Coast Guard is a a core user of the iSLDMB…....

Marine Link Published 4y-11mo-1w-4d-20h-19m ago

Designing Boats: Robert Allan Ltd. Surpases 90 Years (& Counting)

Robert Allan founded Robert Allan Ltd. in 1930 when Allan commenced private practice as a consulting Naval Architect after serving as Technical Manager of a local major shipyard. In the 90 years that have passed, the organization has evolved…....

Marine Link Published 4y-11mo-1w-4d-21h-17m ago

Propeller Considerations for Inland River Pushboats

Inland river pushboats operate in a harsh environment. Transiting our rivers, bays, lakes and inland waterways, these vessels push barges between hubs of commerce. Swift currents, trash and debris, heavy traffic and narrow waterways are day…....

Marine Link Published 4y-11mo-1w-5d-1h-32m ago

Suez Canal Annual Revenues Fell 3% in 2020

Egypt’s revenues from the Suez Canal in 2020 declined 3% to $5.61 billion compared to 2019, the canal authority said in a statement on Sunday.Transit fees for all types of ships would remain unchanged in 2021 and would include reductions and incentives offered in 2020, Canal Authority Chairman Osa....

Marine Link Published 4y-11mo-1w-5d-2h-50m ago

South Korean-flagged Tanker Seized by Iran

Iran’s Revolutionary Guards Corps seized a South Korean flagged tanker in Gulf waters, Iranian media said on Monday, at a time of tension between Tehran and Seoul over Iranian funds frozen at South Korean banks due to U.S. sanctions.Several…....

Marine Link Published 4y-11mo-1w-5d-2h-55m ago

Sherrard Enhances Squire Patton Boggs Commodities and Shipping Capabilities

Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia…....

Marine Link Published 4y-11mo-1w-5d-3h-7m ago

HII Acquires Autonomy Business from Spatial Integrated Systems

In a move that further expands its unmanned systems capabilities, Huntington Ingalls Industries acquired the autonomy business of Spatial Integrated Systems Inc. SIS which has proven unmanned surface vessel USV solutions.SIS’s unmanned systems…....

Marine Link Published 4y-11mo-1w-5d-3h-16m ago

Keppel Delivers FueLNG Bellina, Singapore’s First LNG Bunkering Vessel

Singapore based shipbuilder Keppel Offshore amp Marine Ltd Keppel O amp M has delivered Singapore’s first Liquefied Natural Gas LNG bunkering vessel, FueLNG Bellina, to FueLNG.Built in Keppel O amp M’s Nantong shipyard, FueLNG Bellina is the second…....

Marine Link Published 4y-11mo-1w-5d-4h-4m ago

Venezuela's Oil Exports Plunge to 1940's Level Under Tighter U.S. Sanctions

Pressured by strict U.S. sanctions, Venezuela amp 39 s oil exports plunged by 376,500 barrels per day bpd in 2020, according to Refinitiv Eikon data and internal documents from state run PDVSA, financially squeezing socialist President Nicolas Maduro.The administration of U.S.....

Marine Link Published 4y-11mo-1w-5d-5h-29m ago

UK Royal Navy’s Carrier Strike Group Reaches Initial Operating Capability

The UK Royal Navy’s new Carrier Strike Group has reached Initial Operating Capability IOC , meaning all elements of the group from fighter jets to radar systems to anti ship weapons have been successfully brought together and operated, the…....

Marine Link Published 4y-11mo-1w-5d-5h-50m ago

Eni Extends Abo FPSO Contract

Italian oil company Eni has extended the contract for BW Offshore amp 39 s Abo Floating Production Storage Offloading FPSO vessel.BW Offshore, the owner of the FPSO, said Monday it had signed the extension with Eni amp 39 s subsidiary Nigerian Agip Exploration.Under the extension…....

Marine Link Published 4y-11mo-1w-5d-7h-52m ago

New RoPax Ship Stena Embla Arrives in Belfast

Stena Embla, the third E Flexer ferry to be commissioned for Stena Line’s Irish Sea routes in the last 12 months, recently arrived in Belfast. Touted by the owner as amp 34 three of the most modern ferries in the world, amp 34 Stena Embla join her sister…....

Marine Link Published 4y-11mo-1w-6d-36m ago

Vessel Disinfection Service Launched in Rotterdam

Rotterdam based company DisinfectYour.com has launched a new service to help vessel owners and crew respond to COVID 19 outbreaks. The service includes complete disinfection of closed areas on a vessel, as well as care for the crew including…....

Marine Link Published 4y-11mo-2w-2d-1h-53m ago

Saltchuk Acquires Centerline Logistics’ West Coast Harbor Towage Ops

Saltchuk Marine announced it has acquired Centerline Logistics’ harbor ship assist operations in California and the Pacific Northwest.Eight ship assist tugs currently operated under the Millennium and Starlight brands will join the Saltchuk Marine fleet in early 2021.....

Marine Link Published 4y-11mo-2w-2d-2h-9m ago

Alfa Laval's PureBallast 2.0 BWMS Gains US Type Approval

The U.S. Coast Guard Marine Safety Center issued a ballast water management system BWMS type approval certificate to Alfa Laval Tumba AB after a detailed review of the manufacturer’s type approval application determined the system met the…....

Marine Link Published 4y-11mo-2w-2d-2h-30m ago

Fire-stricken Containership Under Tow to Spain

A containership disabled by an engine room fire off the coast of Portugal is being towed to the Port of Algeciras in Spain for repairs.The Danish flagged Maersk Elba was initially towed to anchorage off Sagres after the fire left the box ship…....

Marine Link Published 4y-11mo-2w-2d-21h-36m ago

France Gives Fincantieri Extension on Chantiers Deal

France has offered Italian shipbuilder Fincantieri amp 39 s a one month extension to its planned acquisition of French rival Chantiers de l amp 39 Atlantique, the finance ministry said in a statement sent to Reuters on Wednesday.State controlled Fincantieri has accepted the proposal…....

Marine Link Published 4y-11mo-2w-2d-23h-7m ago

Eagle Bulk Buys Two Ultramaxes

Eagle Bulk Shipping has acquired two Ultramax bulk carriers, the U.S. based dry bulk owner operator announced Tuesday.The first vessel, which was built in 2015 and will be renamed the Helsinki Eagle, has been acquired for $16.5 million. The second vessel…....

Marine Link Published 4y-11mo-2w-3d ago

Video: Interlake Steamship's New Laker Floated Out

The first new U.S. flagged Great Lakes bulk carrier to be built in more than 35 years was launched at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis. on December 17.Scheduled for completion in mid 2022, the Interlake Steamship Company amp 39 s new River Class, self unloading bulk carrier Mark W.....

Marine Link Published 4y-11mo-2w-3d-49m ago

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering amp Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives of Iraq’s transportation ministry and the Sout....

Marine Link Published 4y-11mo-2w-3d-1h-7m ago

71-year-old Tug Sinks off Puerto Rico

Three people were rescued from a 71 year old tugboat that sank south of Puerto Rico on Thursday.The U.S. Coast Guard said its watchstanders at Sector San Juan fielded a mayday call from the crew of the 112 foot U.S. flagged tug Proassist III…....

Marine Link Published 4y-11mo-2w-3d-1h-31m ago

Construction of RoRo Ferry Powers Relaunch of Germany's FSG Shipyard

In a traditional keel laying ceremony at Flensburger Schiffbau Gesellschaft FSG , the first hull segment of the newbuilding number 782, weighing more than 50 tons, was lowered by crane onto the blocks. In accordance with maritime custom, a 1 euro coin was placed under the keel for good fortune.....

Marine Link Published 4y-11mo-2w-3d-2h-47m ago

Bollinger to Build Four More Fast Response Cutters for U.S. Coast Guard

Bollinger Shipyards will build four more Sentinel class Fast Response Cutters FRC for the United States Coast Guard after U.S. President Trump last Sunday signed into law the omnibus spending bill for Fiscal Year 2021, which included funding…....

Marine Link Published 4y-11mo-2w-3d-3h-29m ago

EU and UK Clinch Narrow Brexit Trade Deal

Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire.The deal, agreed more than…....

Marine Link Published 4y-11mo-3w-1d-22h-36m ago

Propulsion Profile: US Navy's Tier 4 Tugs

Built by Dakota Creek Industries in Anacortes, Wash., the first of the U.S. Navy amp 39 s new fleet of six YT 808 class tugs was delivered in October after completing the last construction phase. Measuring 90 feet long and 38 feet 3 inches wide, the…....

Marine Link Published 4y-11mo-3w-1d-23h-15m ago

Baltic Index Marks First Yearly Gain in Three

The Baltic Exchange amp 39 s main sea freight index posted its first annual gain in three years on Thursday as iron ore shipments to China bounced higher, despite a hit to shipping activity due to the coronavirus pandemic.The Baltic dry index, which tracks rates for capesize…....

Marine Link Published 4y-11mo-3w-2d-2h-22m ago

ONE to Charter World's Largest Containerships

Singapore headquartered container carrier Ocean Network Express Pte. Ltd. ONE said it has signed a letter of intent LoI with Japan amp 39 s Shoei Kisen Kaisha, Ltd. for the 15 year charter of six new ultra large containerships ULCS . The vessels…....

Marine Link Published 4y-11mo-3w-2d-2h-31m ago

U.S. Readying Fresh Round of Sanctions Against Nord Stream 2 Pipeline

The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration…....

Marine Link Published 4y-11mo-3w-2d-2h-38m ago

Training Tips for Ships - Tip #19: Assess Always

In last month’s Training Tips for Ships, we spoke about the value of creating a culture of learning. Even though many organizations have yet to achieve a healthy learning culture, the concept itself is not controversial. The value is self evident and universally understood.This month…....

Marine Link Published 4y-11mo-3w-2d-4h-34m ago

PHOTO: Viking's New Expedition Ship Floated Out

Cruise ship operator Viking has this week informed that its first expedition ship – the 378 guest Viking Octantis – was floated, marking a major construction milestone and the first time that the new ship touches water.The float out is important…....

Marine Link Published 4y-11mo-3w-2d-4h-37m ago

Esvagt SOV Rescues Injured Fishermen in the North Sea

Last Tuesday, the crew of the service operations vessel SOV Esvagt Njord helped save seven fishermen in distress near the Dudgeon Offshore Wind Farm in the U.K. North Sea.Esvagt Njord is a wind turbine ship assisting Equinor in the operation…....

Marine Link Published 4y-11mo-3w-2d-23h-9m ago

Bollinger Delivers USCGC Robert Goldman

Bollinger Shipyards has delivered the USCGC Robert Goldman to the U.S. Coast Guard in Key West, Fla. This is the 165th vessel Bollinger has delivered to the U.S. Coast Guard over a 35 year period and the 42nd Fast Response Cutter FRC delivered…....

Marine Link Published 4y-11mo-3w-2d-23h-45m ago

Wasted Words: Post-casualty Apologies Are ‘Sorry’ Excuses

Vessel collisions on America’s busy inland waterways have been a fact of life for a very long time. With towboats, barges, ferries, oceangoing ships and recreational vessels all jockeying for position in limited space, collisions and even more…....

Marine Link Published 4y-11mo-3w-3d-29m ago

Elbit Systems to Buy Sparton for $380 Million

Israel based international defense electronics company Elbit Systems has signed an agreement to buy maritime defense contractor Sparton for $380 million. Elbit said Wednesday that its U.S. subsidiary Elbit Systems of America had signed a definitive…....

Marine Link Published 4y-11mo-3w-3d-48m ago

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Iraq amp 39 s government has agreed to sign a $2.625 billion contract with South Korea amp 39 s Daewoo Engineering amp Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long planned and repeatedly delayed Grand Faw port ....

Marine Link Published 4y-11mo-3w-3d-1h-10m ago

Damen Ships Multiple Vessels to Canada in Single Shipment

Five Damen vessels have made their way across the Atlantic Ocean on a unique voyage to Canada. Early this year, Damen Shipyards Group signed a contract with Ontario based Doornekamp Construction for the delivery of a Shoalbuster 3209. The vessel…....

Marine Link Published 4y-11mo-3w-3d-1h-55m ago

Global Cargo Logjam Deepens

Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture…....

Marine Link Published 4y-11mo-3w-3d-2h-54m ago

Hapag-Lloyd Orders Six Ultra-large Container Vessels

German container liner Hapag Lloyd has ordered six ultra large container vessels from the Korean shipbuilder Daewoo Shipbuilding amp Marine Engineering.DSME will build the 23,500+ TEU vessels and deliver them to Hapag Lloyd between April and December 2023.....

Marine Link Published 4y-11mo-3w-3d-3h-51m ago

Huisman Crane for First Jones Act Wind Turbine Installation Vessel

Dutch offshore equipment provider Huisman has signed a contract with Keppel AmFELS for the delivery of a Leg Encircling Crane LEC for what will be the first Jones Act compliant wind turbine installation vessel Dominion Energy’s Charybdis.As reported recently…....

Marine Link Published 4y-11mo-3w-3d-4h-27m ago

Nord Stream 2 to Start Laying Gas Pipes in Danish Waters

The Russia led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended… ....

Marine Link Published 4y-11mo-3w-3d-8h-25m ago

WRDA 2020: A Historic Win for Inland Waterways -WCI

On December 21, as part of an Omnibus Appropriations and COVID 19 relief funding package, the U.S. House of Representatives… ....

Marine Link Published 4y-11mo-3w-3d-19h-28m ago

Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay

Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost effective for both… ....

Marine Link Published 4y-11mo-3w-3d-20h-53m ago

Congress Funds Training Ship for Texas A&M

Congress on Monday approved $390 million to fund construction of a fourth National Security Multi Mission Vessel NSMV . ....

Marine Link Published 4y-11mo-3w-3d-21h-3m ago

Halter Marine, Gibbs & Cox Partner on US Navy's Large Unmanned Surface Vessel

Shipbuilder Halter Marine is teaming with naval architecture firm Gibbs amp Cox, Inc., on the U.S. Navy’s contract to perform… ....

Marine Link Published 4y-11mo-3w-3d-22h-10m ago

Fincantieri Delivers Costa Firenze to Costa Cruises

Carnival Corporation amp 39 s Costa Cruises has taken delivery of the new cruise ship Costa Firenze designed and built by Fincantieri… ....

Marine Link Published 4y-11mo-3w-4d-1h-6m ago

Satellites Expose Risks of Forced Labor in Global Fishing

Fishing vessels with crews of forced laborers behave in systematically different ways to the rest of the global fleet, according… ....

Marine Link Published 4y-11mo-3w-4d-2h-51m ago

Argentina: More than 100 Grains Cargo Ships Delayed by Port Workers Strike

More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors… ....

Marine Link Published 4y-11mo-3w-4d-4h-9m ago

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